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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 24.99 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Post by owedmoneyon Jun 12, 2023 4:00pm
187 Views
Post# 35492161

Lithium

Lithium market is a no go in Canada for a very long time yet. The Chinese will continue to own it 95% of it so far and where will Canada get workers to work for wages they'll have to pay to make mining profitable. Ford Lightning 117 grand at 8% financing is not going to fly that I can assure you, not one EV manufacturer is making profit  at this point. It will come but 15 -20 years out. I've pulled out and smart investors will do the same. Inflation has doomed it for now. Gold and oil are my main bets these days.
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